production

Dubai’s non-oil private sector grew at its fastest rate since September 2022, as the Emirate’s Purchasing Managers’ Index hit 55.5 in March, according to S&P Global. In its latest Purchasing Managers’ Index report for Dubai, the…
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Egypt's non-oil private sector activity shrank for the 28th straight month in March as import and currency restrictions and rising inflation continued to hurt business, a survey showed on Tuesday. The S&P Global Egypt Purchasing…
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North Korean leader Kim Jong Un called for scaling up the production of weapons-grade nuclear material to grow the country’s arsenal, saying it should be ready to use the weapons at any time, state media KCNA said on Tuesday. Kim made…
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Iraq is committed to maintaining its 220,000 barrel per day oil output cut in line with its quota under the latest OPEC+ agreement, Iraqi Oil Minister Hayan Abdel-Ghani said on Sunday. The country is also ready to increase production if…
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Saudi Arabia’s crude production rose by 18,000 barrels per day to 10.45 million in January, while global crude production fell for a third consecutive month to a seven-month low, according to the latest data from the Joint Organizations…
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Tom Cruise is reportedly putting his film projects on hold to attend the coronation of King Charles. The British monarch will be coronated in London on May 6, and Tom will pause filming for the new 'Mission: Impossible' movie in order to…
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US crude prices settled below $95 a barrel for the first time since April in choppy trading on Friday after the EU said it would allow Russian state-owned companies to ship oil to third countries under an adjustment of sanctions agreed by…
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The UAE is producing near to its maximum oil production capacity based on its current OPEC+ production baseline, Emirates News Agency (WAM) reported on Monday. “In light of recent media reports, I would like to clarify that the UAE is…
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One of Iran’s biggest steel companies said on Monday it was forced to halt production after being hit by a cyberattack, apparently marking one of the biggest such assaults on the country’s strategic industrial sector in recent memory.…
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The Organization of the Petroleum Exporting Countries and its allies agreed today, Thursday, to accelerate oil production in July and August, in what some see as a Saudi response to American pressure to calm bloated crude oil prices, but…
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